Sad state of affairs

Posted on: September 25th, 2008 by
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I was reading on the Reuters News website that China’s banks have been instructed to stop lending money to US banks, for fear that the money will not be repaid because of the financial meltdown that is happening here in the United States! What a sad commentary that is, for other countries to suddenly be told to stop lending money to the United States! The United States has been financing almost the entire world for generations, and this is the thanks we get? Harumph.


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